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they don't bother to file their tax returns they conceal their source of income. sold the corruption there is nobody can deny this reality so out of this martin movement is anti corruption to educate our society from corruption and this is need of the whole muslim world and hold third world and developing muslim countries the have to get to the end of corruption and corrupt leaders we have to get rid of decks of aid and then lawbreakers this is why we have started this struggle as if that is create in pakistan you mentioned egypt and some other countries it's very famous saying. the revolution eats its own children is and what happened in egypt and libya and other countries. those who call the revolutions the are not the rulers don't you feel that the foods are the efforts that you are going to do now that could be shown to somebody else no i don't think somebody else will gain because somebody else has no intentions to take over the power. they have lost a lot of their reputation because of past experiences. and they in effect are no specialist of controlling the
they don't bother to file their tax returns they conceal their source of income. sold the corruption there is nobody can deny this reality so out of this martin movement is anti corruption to educate our society from corruption and this is need of the whole muslim world and hold third world and developing muslim countries the have to get to the end of corruption and corrupt leaders we have to get rid of decks of aid and then lawbreakers this is why we have started this struggle as if that is...
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Jan 18, 2013
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some people say they want to lock in the lower capital-gains tax rate at the old tax rates. therefore they were just taking their profits off the table? >> the market thought that they were going to meet in the middle in terms of the president actually giving in towards spending cuts. he pulled back on the spending cuts hardcore. i think here, looks like gop, looks like the gop will extend the debt ceiling another 45 days. that is why the market was up yesterday. the market is way ahead of this. but, i think that next week, next, two, three weeks there is still a lot has to be done to get this thing completed. first of all, has to get through the house and the senate. there will be a ton of volatility between now and when this finally happens. liz: how do you trade it, larry? >> well the vix, last time i was on shot --. liz: very low. >> now below 14. you can do call spreads on the vix. i like to be long volatility here. think about the end of february, it is fascinating, because you have this italian election and berlusconi is pulling out all the stops. it is monte, you wil
some people say they want to lock in the lower capital-gains tax rate at the old tax rates. therefore they were just taking their profits off the table? >> the market thought that they were going to meet in the middle in terms of the president actually giving in towards spending cuts. he pulled back on the spending cuts hardcore. i think here, looks like gop, looks like the gop will extend the debt ceiling another 45 days. that is why the market was up yesterday. the market is way ahead...
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Jan 16, 2013
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. >> you want to go for more tax increases after the tax increases that went through on the fiscal cliff? >> i think closing loopholes, i think there has to be revenue enhancement and closing loopholes, already raised the tax rates, but there's got to be some spending cuts to go along with it. i'm not going to give away the store unless we get something in return. >> you did that already. did you that already at the end of the year? >> i'm not in congress thankfully. i'm running a very fiscally prudent state that's well managed and lives within its means and saves money for a rainy day and is growing the economy to produce more growth money by expanding a healthy economy. washington would do a lot to listen and watch what we're doing in utah because we're doing it right. >> you sure r.governor, thanks very much. appreciate your time today. >> thank you. >> we'll see you soon, governor. thank you. >> headed towards close, sort of meandering here, and much of the decline for the dow, down 32 points, the result of boeing's decline today which we'll be talking about. >> up next, jpmorgan ceo
. >> you want to go for more tax increases after the tax increases that went through on the fiscal cliff? >> i think closing loopholes, i think there has to be revenue enhancement and closing loopholes, already raised the tax rates, but there's got to be some spending cuts to go along with it. i'm not going to give away the store unless we get something in return. >> you did that already. did you that already at the end of the year? >> i'm not in congress thankfully. i'm...
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Jan 19, 2013
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>> i think consumers have had a tough run and now they know what their tax situation is of for 2013 based on what happened in washington recently, and the ones work say i have nigh job, interest rates are low. it's not that bad. i want to take my vacation. >> susie: is business strong enough that you're going to add some jobs and what are your hiring plans? >> every time we launch a new ship, it brings on a lot more employees. we're 20,000 strong at this point. and if you think about there are a couple of thousand that come along with each new ship we're building in the future here. >> susie: kevin, thank you so much. great talking with you. >> appreciate it, take care. >> reporter: still ahead, more than half a million people are expected to converge on washington this weekend for the president's inauguration. we'll take a look at the economic impact. >> tom: u.s. stocks were little changed, despite a big jump in growth in china. china's economy rose by nearly 8% during the last three months of 2012, up half a percent from the previous quarter. still, for the year, china's posted its wea
>> i think consumers have had a tough run and now they know what their tax situation is of for 2013 based on what happened in washington recently, and the ones work say i have nigh job, interest rates are low. it's not that bad. i want to take my vacation. >> susie: is business strong enough that you're going to add some jobs and what are your hiring plans? >> every time we launch a new ship, it brings on a lot more employees. we're 20,000 strong at this point. and if you...
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Jan 19, 2013
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>> i think consumers have had a tough run and now they know what their tax situation is of for 2013 based on what happened in washington recently, and the ones work say i have nigh job interest rates are low. it's not that bad. i want to take my vacation. >> susie: is business strong enough that you're going to add some jobs and what are your hiring plans? >> every time we launch a new ship, it brings on a lot more employees. we're 20,000 strong at this point. and if you think about there are a couple of thousand that come along with each new ship we're building in the future here. >> susie: kevin, thank you so much. great talking with you. >> appreciate it, take care. >> reporter: still ahead, more than half a million people are expected to converge on washington this weekend for the president's inauguration. we'll take a look at the economic impact. >> tom: u.s. stocks were little changed, despite a big jump in growth in china. china's economy rose by nearly 8% during the last three months of 2012, up half a percent from the previous quarter. still, for the year, china's posted its weak
>> i think consumers have had a tough run and now they know what their tax situation is of for 2013 based on what happened in washington recently, and the ones work say i have nigh job interest rates are low. it's not that bad. i want to take my vacation. >> susie: is business strong enough that you're going to add some jobs and what are your hiring plans? >> every time we launch a new ship, it brings on a lot more employees. we're 20,000 strong at this point. and if you think...
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Jan 18, 2013
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tax increasing and spending. business people would get this deal done in an afternoon. this is what we do. >> maybe that's why ruth should go to washington. >> do you think bowles simpson is dead? will it ever come back? >> it's provided the energy of a we need bipartisan and both ingredients to make it work and we need sense of urgency because it's really important. that to me what bowles simpson was all about. >> now to wall street. are you telling investors just accept, this is it, what we have today? >> well, investors i think appropriately should be looking at risk adjusted returns. so -- >> sounds like a yes? >> no, the era of very high but very risk driven returns is over. okay? so what investors -- capital is doubled. leverage has been cut by two thirds. those are facts. now, the question is, but the quality of the returns you're now getting, i would argue is more stable, more predictable and more secure. >> right. and the compensation is lower. i thought it was pretty shocking what you guys did this week is that you basically said deferred cash bonuses to your
tax increasing and spending. business people would get this deal done in an afternoon. this is what we do. >> maybe that's why ruth should go to washington. >> do you think bowles simpson is dead? will it ever come back? >> it's provided the energy of a we need bipartisan and both ingredients to make it work and we need sense of urgency because it's really important. that to me what bowles simpson was all about. >> now to wall street. are you telling investors just...
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Jan 16, 2013
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if you look at corporate taxes, they are all trending in the right direction from a public standpoint. the country has a lot of natural resources. liz: but you don't want to become like australia. >> in terms of being a natural resource country, they do have a lot of natural resources companies, but they have other superb financial companies too. the banks and get into all the trouble that we did. liz: canada did not allow -- they have enough good regulations, not overregulated that didn't allow their regulations to take a bad stance. >> that's right, we like nova scotia. it's a very interesting story. one more thing, it is possible to have relations with china through canada. second-largest exporter and that is key to fueling the industry -- the steel industry. liz: that's right, huge in canada and natural technology resources. jay, nice to see you, thank you for joining us. my parents are canadian. don't be all excited that they will be that we mention canada. shares of one company traveling higher today, we will tell you which luggage maker is doing well. . . . .. look, if you have
if you look at corporate taxes, they are all trending in the right direction from a public standpoint. the country has a lot of natural resources. liz: but you don't want to become like australia. >> in terms of being a natural resource country, they do have a lot of natural resources companies, but they have other superb financial companies too. the banks and get into all the trouble that we did. liz: canada did not allow -- they have enough good regulations, not overregulated that...
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Jan 18, 2013
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cut, and the upper income tax hikes. the $250,000 of drag, right? so we just haven't seen that effect yet. >> all right, rebecca, i have two for you. number one is that i'm reading that the euro crisis this year is going to go on the back burner even though nothing's been settled. it just seems like people aren't as concerned about it. so, i guess that explains the euro's move. and then, this news out of japan that kelly's all -- talks about all the time. >> she's teed up on. >> she's very teed up on that. and reading some of the stuff that abe is getting accomplished, it is different. i mean they're going to do -- they're going to -- >> they're going to out-fed the fed. >> exactly. and you know, they haven't had -- do you remember the last time they've had 2% inflation? >> twice in the last two decades. briefly. one on the back of a tax increase. >> just really brief. >> they've flirted with 2% and that's come back -- >> you think they can orchestrate that? >> i'm dubious for now. but if you have a better u.s., a quiet
cut, and the upper income tax hikes. the $250,000 of drag, right? so we just haven't seen that effect yet. >> all right, rebecca, i have two for you. number one is that i'm reading that the euro crisis this year is going to go on the back burner even though nothing's been settled. it just seems like people aren't as concerned about it. so, i guess that explains the euro's move. and then, this news out of japan that kelly's all -- talks about all the time. >> she's teed up on....
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Jan 15, 2013
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on the dividend theme i think our call was that the tax rate wasn't going to rise the way it was written in the law. we have seen that and this is a pretty compelling group of stocks. you have low payout and bond rates are low so you can buy dividend stocks that yield well relative total attorney difficults in the bond market. on the megacap stocks you have a lot of large high quality american companies that should be able to grow at or higher than the rate of the market or cheaper than the market and also have those higher dividends. >> susie: and the other two sectors that you also recommend to your morgan stanley clients, health care, companies like cardinal health, and industrials like honeywell, general motors what is the story there? >> well, for health care look, when you want to be a little defensive in the markets's natural for people to think about two sectors, health care and staples. we really like health care more than staples right now. we see that pretty clearly. health-care companies are beating estimates more, they have higher cash balances and you know they are much che
on the dividend theme i think our call was that the tax rate wasn't going to rise the way it was written in the law. we have seen that and this is a pretty compelling group of stocks. you have low payout and bond rates are low so you can buy dividend stocks that yield well relative total attorney difficults in the bond market. on the megacap stocks you have a lot of large high quality american companies that should be able to grow at or higher than the rate of the market or cheaper than the...
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Jan 17, 2013
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not going to save our way out or tax our way out, but those things do matter. i'm glad ceos are spending time expressing their thoughts on these issues. >> but we're living cliff by cliff. >> yes. >> it's amazing to me that we haven't, you know, put out real solutions. has this, do you think, become an impediment for business? has it become an impediment for your business that all this uncertainty and the fact that we can't make any decisions in washington, even though the corporate balance sheet is quite strong. >> absolutely. what did we talk about in december? nothing but fiscal cliff. it even drove santa claus off the front page. all we talked about. >> that's true. >> now the debt ceiling and then it's sequester and the continuing resolution. we go from this cliff to that cliff, and we don't deal with the problem. if we deal with the problem, there's so many assets in america. we can grow our way out of this. >> let me ask you about getting out of a problem and for many it's regular laying. after the 2008 upset, the banking sector has faced much higher reg
not going to save our way out or tax our way out, but those things do matter. i'm glad ceos are spending time expressing their thoughts on these issues. >> but we're living cliff by cliff. >> yes. >> it's amazing to me that we haven't, you know, put out real solutions. has this, do you think, become an impediment for business? has it become an impediment for your business that all this uncertainty and the fact that we can't make any decisions in washington, even though the...
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Jan 15, 2013
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when we pay our gasoline tax, we spend that money to the federal government. they skim off management fee and then they dole it out all over again to things like a museum dedicated to the packer, a movie about movies about the road for alaska, things like that. airport money, we spend all of this, there's a tax in all of our tickets, and yet all that money goes into a big pile and the vast majority of it does not go to the biggest airports in the country. it goes to the ones that are the most politically connected. you really have to disengage congress and get more private money going directly where they can actually make a profit and you'll get more infrastructure. >> yeah, but donna, i mean, president obama signed the recovery act and spend billions on infrastructure project. did we get our money's worth? what did that money goes toward? >> well, first let me say, we do need some more money. yes, some airports can be built privately, and there's no question we're spending the money in the wrong places, but even if we took all the money going to highways, lik
when we pay our gasoline tax, we spend that money to the federal government. they skim off management fee and then they dole it out all over again to things like a museum dedicated to the packer, a movie about movies about the road for alaska, things like that. airport money, we spend all of this, there's a tax in all of our tickets, and yet all that money goes into a big pile and the vast majority of it does not go to the biggest airports in the country. it goes to the ones that are the most...
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Jan 18, 2013
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in 1937 as we were coming out of depression, the government tightened fiscal policy, raised taxes and the fed raised rates and created a second downturn. this is what ben bernanke has studied his whole life and this is the mistake he refuses to make. >> jeff, wouldn't that be a mistake? i mean, isn't part of the equation that we're not talking about, demand? yes, there's a lot money out there and it's very cheap right now but the demand for that money is what's keeping the inflation lower right now, isn't it? >> i would tell you, yeah, i mean, the demand i guess is certainly the issue that he's trying to stimulate here, but i just don't know how you stimulate it by continuing to just devalue the united states currency. >> let me stop you there, jeff, because that hasn't happened. >> yes, it has. >> by what measure? >> if you look at the dxy, down 11% since qe started. >> okay. if that was also part -- if you read all. fed's and all of ben bernanke's literature on how to attack deflation and reflate, part of it is gently devaluing the dollar. competitive devaluations going around the w
in 1937 as we were coming out of depression, the government tightened fiscal policy, raised taxes and the fed raised rates and created a second downturn. this is what ben bernanke has studied his whole life and this is the mistake he refuses to make. >> jeff, wouldn't that be a mistake? i mean, isn't part of the equation that we're not talking about, demand? yes, there's a lot money out there and it's very cheap right now but the demand for that money is what's keeping the inflation lower...
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Jan 18, 2013
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it's really sort of taxed the entire hospital system. we have patients in our emergency room, have crowded a lot of patients in the emergency room. we've used a lot of techniques to accommodate the influx of patients we've seen. >> are you seeing at least at press, are other hospitals, those extraordinary measures that some have taken, are they beginning to pull back a bit? >> we're not pulling back yet. as i said, we've seen a slight decline in the last couple days. but we want to make sure it actually starts falling considerably before we pull back. we've got additional staff on board. we've opened up additional units in order to take care of these patients. we've created new protocols in our emergency room to tri to triage them so make sure they're not mixing with the other patients. those policies will still be in place for the next couple weeks likely. >> in kitchens, and offices around the country, people are still talking about whether to get a vaccination, right? >> yes. >> they can start as early as october. if you haven't gotte
it's really sort of taxed the entire hospital system. we have patients in our emergency room, have crowded a lot of patients in the emergency room. we've used a lot of techniques to accommodate the influx of patients we've seen. >> are you seeing at least at press, are other hospitals, those extraordinary measures that some have taken, are they beginning to pull back a bit? >> we're not pulling back yet. as i said, we've seen a slight decline in the last couple days. but we want to...
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Jan 16, 2013
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they did not raise taxes. in addition, we have a very business friendly atmosphere. if you come to texas, we will not pull the rug out from under your feet. connell: businesses, sometimes individuals, sometimes larger businesses are leaving state than going to others mostly because of taxes. how much of that juicy and texas in texas and what industries is a really predominate. >> we do not have an income tax. that is a powerful magnet. they do not expect us to go ahead and spend beyond our means. they, in because of the business atmosphere and because we like visitors. a friendly place. the idea of getting to the numbers that you talked about during the first part of the interview and getting through the projections that this particular group put out that this $9 billion gap, specifically, how do you get there sure mark where did the cuts come from? >> i do not know where that number came. there will be a supplemental appropriations bill which we filed in a few weeks. they will fill some of the medicaid that we do not have. it is available in the surplus and it is av
they did not raise taxes. in addition, we have a very business friendly atmosphere. if you come to texas, we will not pull the rug out from under your feet. connell: businesses, sometimes individuals, sometimes larger businesses are leaving state than going to others mostly because of taxes. how much of that juicy and texas in texas and what industries is a really predominate. >> we do not have an income tax. that is a powerful magnet. they do not expect us to go ahead and spend beyond...
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Jan 18, 2013
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part of that was due to a tax benefit. intel specsed a tax rate of 27% and got 23%. that helped a bit. gross margins came in stronger than expected at 58% where intel had guided to a mid point gross margin of 57%. but there was bad news beyond that for the investment community. for q11, intel guided to a mid point in revenue of $12.7 billion, plus or minus a half a billion dollars. and for the full fiscal year, 2013, intel said just expect low single digit revenue increases, growth margin to 60% and cap ex at $13 billion. that is a couple billion higher than wall street had expected. >> jon fortt there. we'll have more on china to come. our next guest weighs in. don't go anywhere. >>> welcome back to "worldwide exchange." china's economy rebounds in the fourth quarter topping expectationes and snapping seven straight quarters of slowing growth. the british government says there's no indication the hostage crisis is over in algeria. this as reports emerge that dozens may have been killed in the rescue operations. >>> intel shares under pressure as investors are unnerv
part of that was due to a tax benefit. intel specsed a tax rate of 27% and got 23%. that helped a bit. gross margins came in stronger than expected at 58% where intel had guided to a mid point gross margin of 57%. but there was bad news beyond that for the investment community. for q11, intel guided to a mid point in revenue of $12.7 billion, plus or minus a half a billion dollars. and for the full fiscal year, 2013, intel said just expect low single digit revenue increases, growth margin to...
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Jan 14, 2013
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under new rules, foreigners buying property will have to pay a new tax and there is a tax on those who speculation on industrial properties. seng wun, some people are pointing to what is happening with japan as inciting more capital inflows into places like singapore. do you expect more measures in response? >> i think the policymakers here in singapore, we have seen the hong kong government trying to attempt with limited success to hold on property prices here. we have seen inflows. if you look at the last few weeks, we are very strong close into the equity market and given that this region is still set to be likely to lead growth in the coming over 12 months or so itself, that's likely a gain to bring more money. unless, of course, we see a strong turn around in growth in europe and the u.s., but from the medium term itself, when you've got growth and you've got employment opportunity, you've got income growth and environment of very low interest rate is headache to policymaker in which i think the government here continue to have to fine tunemakers every now and then essentially bec
under new rules, foreigners buying property will have to pay a new tax and there is a tax on those who speculation on industrial properties. seng wun, some people are pointing to what is happening with japan as inciting more capital inflows into places like singapore. do you expect more measures in response? >> i think the policymakers here in singapore, we have seen the hong kong government trying to attempt with limited success to hold on property prices here. we have seen inflows. if...
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Jan 15, 2013
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the wealthy see charity and taxes two sides of the same coin. taxes go up, charity must go down. press secretary for george bush summed it up in a recent tweet saying, quote, i and many others will likely donate less in 2013. but a new study from the nonpartisan tech center says charitable giving may actually increase this year by $3.3 billion. tax hikes are actually the main reason why. here's how it works. taxpayers deduct their charity at their marginal tax rate. last year the wealthy could deduct 35 cents for every dollar they gave. the current rate is 39.6%. so they can deduct 39.6 cents for every dollar they give. their cost of giving has, in other words, fallen by 7% for those making $400,000 or more per year. the same is true if you're giving away stock or real estate that's appreciated in value. the higher capital gains rate making giving more economically attractive. the cliff deal does limit certain deductions. but the benefits of these higher tax rates more than makes up that limit on deductions. so net-net, the wealthy get a bigger tax cut this year for giving. it's
the wealthy see charity and taxes two sides of the same coin. taxes go up, charity must go down. press secretary for george bush summed it up in a recent tweet saying, quote, i and many others will likely donate less in 2013. but a new study from the nonpartisan tech center says charitable giving may actually increase this year by $3.3 billion. tax hikes are actually the main reason why. here's how it works. taxpayers deduct their charity at their marginal tax rate. last year the wealthy could...
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Jan 16, 2013
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you need tax reform, in my view, corporate pad taxes are too high in the competitive world we're in. get those issues in front of them and then deal with the spending issues, which primarily are in medicare-medicaid and some of the other domestic -- >> how should people feel when they read this john boehner interview where he said the president said, we don't have a spending problem. how should people feel about that? >> if he said that, there's no way to agree with that. look, we're spending 24 percent of gdp and we're taking in 16%. we've got a spending problem. part of the spending problem is the recession that we've been in. the thing you've got to remember all of this has to be designed to get strong economic growth. the goal is not to cut spending or deal with the deficit. those are vehicles to get to the main goal getting the economy to grow at a faster rate. >> it is possible for someone to look at what he thinks government should provide for its citizens and it is possible to believe that 25% of gdp should be spent on government services. it is possible that he believes that
you need tax reform, in my view, corporate pad taxes are too high in the competitive world we're in. get those issues in front of them and then deal with the spending issues, which primarily are in medicare-medicaid and some of the other domestic -- >> how should people feel when they read this john boehner interview where he said the president said, we don't have a spending problem. how should people feel about that? >> if he said that, there's no way to agree with that. look,...
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Jan 15, 2013
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citing new tax hikes on the rich as a downside catalyst. >> i think it's absolutely ridiculous. what american express has done in the last two days, cost management. focus on what they are doing there in terms of what the earnings are and expectation that the high-end consumer is going to be affected by what is going on here in terms of fiscal policy. it's misguided. stay with american he cexpress. >> that's talk about cliffs natural. a downgrade. dr. j, make sense of it. the stock is up 2%. >> this one was sold too far down. i can't believe that he actually bothered to downgrade them when the stock was half of whether where it is was. i like the deutsch call. unless we have a lot of trouble with our economy here, judge, which i don't think we're going to have, i think this continues to work and works back into the mid-40s by the end of this quarter. >> talk to me, weiss, about some airlines. they have been doing incredibly well. lately here is ual and lcc. >> they were early in upgrading the airlines and the airlines used to be like drinking beer. you rented it. you didn't own
citing new tax hikes on the rich as a downside catalyst. >> i think it's absolutely ridiculous. what american express has done in the last two days, cost management. focus on what they are doing there in terms of what the earnings are and expectation that the high-end consumer is going to be affected by what is going on here in terms of fiscal policy. it's misguided. stay with american he cexpress. >> that's talk about cliffs natural. a downgrade. dr. j, make sense of it. the stock...
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had that concluded at the beginning of the year is, i think people that are bearing the brunt of the tax increases, think on really marginal level are going to see to pull back in spending. and i think tiffany's preannouncement last week, they didn't give guy danidance yet, it's going to be interesting. i'm going to -- i suppose that we're going to see the first half is slightly weak and that could lead to some worries about recession. >> okay. let's move on and talk ebay here. it is moving higher in the aftermarket session after posting earnings. jon fortt joins us now with the latest. jon? >> yeah, melissa. ebay's ceo taking a bit of a victory lap now. let's look at the numbers they did in the quarter. revenue with $3.99 billion. a little bit above expectations. eps, 70 cents above the 69. the guidance came in light, but it looks like wall street is willing to shrug that off, because overall, the numbers are so strong. i'm point out marketplace was up 16% revenue. paypal up 24%. gsi up 10%. and right now, they're taking up mobile and the potential that has for the rest of this year. to
had that concluded at the beginning of the year is, i think people that are bearing the brunt of the tax increases, think on really marginal level are going to see to pull back in spending. and i think tiffany's preannouncement last week, they didn't give guy danidance yet, it's going to be interesting. i'm going to -- i suppose that we're going to see the first half is slightly weak and that could lead to some worries about recession. >> okay. let's move on and talk ebay here. it is...
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tax bite. >> tax bite all day on cnbc a special series that we're calling a tax bite. where did your money go? earlier this morning we talked to piper jaffray retail analyst about the impact of the higher payroll tax. >> what we get most concerned about would be at the lower income end of the spectrum where consumers live on more of a month-to-month budget. that's just less money for a lot of retailers that would cater to that income demographic. >> you're looking at retailers -- >> that would be the dollar stores. specifically like family dollar, dollar general, or dollar tree. >> joining us now howard levine, chairman and ceo of family dollar stores. you're sensitive to this type of stuff, howard. thanks for coming on today. in past periods like this, is there a pretty clear-cut cause and effect that we will see if people, if your customers get $15 less per week, that $15 cannot make its way into family dollar's coffers, can it? >> sure, joe. and good morning, everybody. thanks for having me this morning. you know, when i think about some of the current news, i've be
tax bite. >> tax bite all day on cnbc a special series that we're calling a tax bite. where did your money go? earlier this morning we talked to piper jaffray retail analyst about the impact of the higher payroll tax. >> what we get most concerned about would be at the lower income end of the spectrum where consumers live on more of a month-to-month budget. that's just less money for a lot of retailers that would cater to that income demographic. >> you're looking at retailers...
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Jan 18, 2013
01/13
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FBC
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tracy: you have low corporate taxes, low real estate taxes for commercial properties. i would think it'd be pretty easy to wear the businesses in. what stops them? >> we have had great success working with california businesses. our strategy is to work with california businesses looking to expand their operations outside of california. in addition to that we are working with arizona businesses looking for a new market. the ninth larges next largest ee world and proximity to california is a real business advantage. tracy: getting some pretty good tax breaks. can the state continue to afford to offer such good deals? >> our governor and our state legislature have aggressively been putting into and enacting policies and laws to increase opportunities for businesses that are successful. they have run two very aggressive agendas to ensure we have a pro-business environment, less regulation, the focus in arizona is to ensure businesses can succeed. tracy: do provide a breakdown of how much they would see if they came to arizona? >> absolutely. a very comprehensive strategy.
tracy: you have low corporate taxes, low real estate taxes for commercial properties. i would think it'd be pretty easy to wear the businesses in. what stops them? >> we have had great success working with california businesses. our strategy is to work with california businesses looking to expand their operations outside of california. in addition to that we are working with arizona businesses looking for a new market. the ninth larges next largest ee world and proximity to california is...
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Jan 16, 2013
01/13
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CNBC
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you'll pay a big tax. well, apparently the repatriation is a lot more doable than they're being given credit for. i don't know exactly what that means, we'll bring it back once we do the lbo. the big question is why current management considered buying back stocks. there's a special committee here, of course. we'll see whether they can get to a price that every side agrees on and that shareholders will approve. >> yesterday, most of the day was spent pooh-poohing this deal. because of the repatriation. because of the equity check. >> it seemed to be insurmountable because the club deals are frowned upon at this point. >> then i want to ask you whether this is some sort of sea change. because this is obviously a much smaller check. yesterday we said it would be $8 billion. >> no, $4 billion to $5 billion. >> what i'm saying is, this is a rival departure from what we've seen from the little money put up. >> given the size of the hlbo - >> top line doesn't matter. this company's bottom line is larger than the
you'll pay a big tax. well, apparently the repatriation is a lot more doable than they're being given credit for. i don't know exactly what that means, we'll bring it back once we do the lbo. the big question is why current management considered buying back stocks. there's a special committee here, of course. we'll see whether they can get to a price that every side agrees on and that shareholders will approve. >> yesterday, most of the day was spent pooh-poohing this deal. because of the...
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Jan 16, 2013
01/13
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does the secretary share my concerns the government might further tax a high tax payers in wales? >> government is considering their recommendation of the report and we would be reported by those very shortly. that will be the appropriate time. >> we all know that millionaires spend -- [inaudible] can he tell us dummy millionaires are in wales? >> he knows as well as i do the road, few millionaires in wales. but what i can tell him is that in every year this parliament they will be paying more tax than they did in each year of the last labour government. >> thank you, mr. speaker. but isn't the real danger that with a government changes in tax and benefits in wales, you will see in particular in the community with the vast majority of people work of those people will have less money in their pockets? they will have less money to spend in local shops? there will be more shops closing. there will be fewer people in jobs and it will be a double whammy for the welsh economy? >> if he wants to be taken seriously with having a mess about deficit reduction, he knows you cannot begin to t
does the secretary share my concerns the government might further tax a high tax payers in wales? >> government is considering their recommendation of the report and we would be reported by those very shortly. that will be the appropriate time. >> we all know that millionaires spend -- [inaudible] can he tell us dummy millionaires are in wales? >> he knows as well as i do the road, few millionaires in wales. but what i can tell him is that in every year this parliament they...
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the exciting thing about a financial transaction tax or robin hood tax is the actually big gain changer for the financial sector it would it would make short termism an awful lot more expensive than a long term investment and therefore it would shift the financial sector away from being something that the rest of us service and it would actually restore the old idea of the finance sector that its job was to support the real economy rather than the other way round so in many ways you know the chief several objectives at once and that's one of the reasons why we support it so it's basically air attacks on large financial transactions is it retribution for the bankers it's not retribution but it is about making sure that the finance sector that cause so much damage to the world economy and actually put something back actually helps to to restore the situation because over the last few years we've actually seen an awful lot of people around the world suffering as a result of the actions of the finance sector with the possible exception of the people at the very top of the finance sector who
the exciting thing about a financial transaction tax or robin hood tax is the actually big gain changer for the financial sector it would it would make short termism an awful lot more expensive than a long term investment and therefore it would shift the financial sector away from being something that the rest of us service and it would actually restore the old idea of the finance sector that its job was to support the real economy rather than the other way round so in many ways you know the...
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Jan 14, 2013
01/13
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of course, he will know that in april every working family will see a £220 tax cut as we lift the tax threshold yet further -- everyone will benefit from that. in our view, what we should be doing is cutting people's taxes, rather than taking more in taxes and recycling them through the massive tax credits business. that is what we believe on the government benches, and that is what will work for working families. >> is it not a clear example of how out of touch the prime minister is that while the overwhelming majority of the public want to maintain the ban on fox and stag hunting, he actually plans to repeal it? will he tell us why? >> as i explained before christmas, i have never broken the law and the only little red pests i pursue these days are in this house. >> does the prime minister accept that under this government -- >> order. i am sure the house wishes to hear the words of mr andrew selous. >> does the prime minister accept that we have brought in an 11% rise to the child element of tax credits, followed by a 5% rise, and that our recent rises build on them, meaning a cash
of course, he will know that in april every working family will see a £220 tax cut as we lift the tax threshold yet further -- everyone will benefit from that. in our view, what we should be doing is cutting people's taxes, rather than taking more in taxes and recycling them through the massive tax credits business. that is what we believe on the government benches, and that is what will work for working families. >> is it not a clear example of how out of touch the prime minister is...
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Jan 21, 2013
01/13
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that is what we've done with child tax credit and it's the record we should support. >> thank you, mr. speaker. the residents enjoy burgers but also love horses. this morning they will be shocked -- shocked to hear that they might have been eating horses. i wonder if the prime minister can reassure us that he and the government are doing a lot to reassure us? >> i think the honorable lady raises a very important issue, raises a very important issue. and it's an extremely serious issue. people in our country will have been very concerned to read this morning that when they thought of buying beef burgers they were buying something that had horse meat in it. that is extremely disturbing news. i've asked the agency to conduct an urgent investigation into this. they have made clear that there is no risk to public safety because there's no food safety risk. but this is a completely unacceptable state of affairs. they will be meeting retailers and protesters this afternoon to they will investigate the supply chain. it is worth making the point that ultimately retailers have to be responsible
that is what we've done with child tax credit and it's the record we should support. >> thank you, mr. speaker. the residents enjoy burgers but also love horses. this morning they will be shocked -- shocked to hear that they might have been eating horses. i wonder if the prime minister can reassure us that he and the government are doing a lot to reassure us? >> i think the honorable lady raises a very important issue, raises a very important issue. and it's an extremely serious...
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Jan 13, 2013
01/13
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KRCB
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, what he calls aair tax. he wants to tighten the law for asylum seekers. there are a lot of issues that he stole from the 1990's. >> the similarities to not end with policies. five mp's from the alliance for the future of austria have already joined him, sending his party straight to parliament, although it has no votes. the party have accused him of buying their lesser-known mp's. two reported that he tried to bribe them. >> he offered 1 million euros. another was offered 15,000 euros a month for three years. then he too has the gold makes the rules after all. >> he was always part of the system. it is not as if he fell from the sky with his pockets full. he took full advantage of the political system in austria for many yea. he hadhe former chancellor on his supervisory board, and he had former general secretaries and a finance minister. he made the whole system work for him, and he made a good business out of it. >> it seems to have paid off. according to surveys, his party could make in 13% of the vote in
, what he calls aair tax. he wants to tighten the law for asylum seekers. there are a lot of issues that he stole from the 1990's. >> the similarities to not end with policies. five mp's from the alliance for the future of austria have already joined him, sending his party straight to parliament, although it has no votes. the party have accused him of buying their lesser-known mp's. two reported that he tried to bribe them. >> he offered 1 million euros. another was offered 15,000...
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Jan 13, 2013
01/13
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FBC
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tax for years. they rely on a windfall from the rich energy resources as well as other forms of taxation, including a sales tax. political analysts are warning the proposal to eliminate income tax could be followed by a plan to raise the sales tax. the office responded to the claim saying only he wants to keep the sales tax as low as possible. well, from texas to investment, it is a mad-toward equity mutual funds in the new year. inflows for the first week reaching $22 billion in his second highest level in history and the highest in 11 years. emerging-market equity funds saw the biggest inflow reheat to cover teeseven and a half billion. ceo of edelman financial services joins me now. when regular investors finally get interested in equity says it mean it is almost over? >> ordinarily i would agree it to my yes, it does, but not this time. you know why? it has been five years since ordinary consumers have had any confidence at all in the u.s. stock market. finally, after watching the stock market r
tax for years. they rely on a windfall from the rich energy resources as well as other forms of taxation, including a sales tax. political analysts are warning the proposal to eliminate income tax could be followed by a plan to raise the sales tax. the office responded to the claim saying only he wants to keep the sales tax as low as possible. well, from texas to investment, it is a mad-toward equity mutual funds in the new year. inflows for the first week reaching $22 billion in his second...
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Jan 17, 2013
01/13
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LINKTV
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, what he calls a fair tax. he wants to tighten the law for asylum seekers. there are a lot of issues that he stole from the 1990's. >> the similarities to not end with policies. five mp's from the alliance for the future of austria have already joined him, sending his party straight to parliament, although it has no votes. the party have accused him of buying their lesser-known mp's. two reported that he tried to bribe them. >> he offered 1 million euros. another was offered 15,000 euros a month for three years. then he too has the gold makes the rules after all. >> he was always part of the system. it is not as if he fell from the sky with his pockets full. he took full advantage of the political system in austria for many years. he had the former chancellor on his supervisory board, and he had former general secretaries and a finance minister. he made the whole system work for him, and he made a good business out of it. >> it seems to have paid off. according to surveys, his party could make in 13% of the vot
, what he calls a fair tax. he wants to tighten the law for asylum seekers. there are a lot of issues that he stole from the 1990's. >> the similarities to not end with policies. five mp's from the alliance for the future of austria have already joined him, sending his party straight to parliament, although it has no votes. the party have accused him of buying their lesser-known mp's. two reported that he tried to bribe them. >> he offered 1 million euros. another was offered 15,000...
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Jan 18, 2013
01/13
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FOXNEWSW
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. >> tax fraud appears to be a popular past time in u.n. prisons. a new report by treasurer's department says the irs detected more than 173,000 fraudulent tax returns from inmates last year. that's more than twice the number detected in 2010. some inmates steel identity from obituaries some even use their own but fudge the numbers to try to get much bigger tax refunds they deserve. in 2012 two inmates alone tried to claim more than $1 billion. the good news is the irs says it stopped those two and others from illegally claiming 2.5 billi 2.5 billion in last refunds last year. they are stepping up enforcement but says more needs to be done. $35 million slipped through the cracks and so the irs says it's very successful at detecting and stopping in incorrect refunds when prisoner data is available it adds there are significant challenges getting complete and consistent data from the multiple jurisdictions involved. still the agency says if committed to enhancing the process is to further minimize prisoner refund fraud. >> it is now 44 after the top o
. >> tax fraud appears to be a popular past time in u.n. prisons. a new report by treasurer's department says the irs detected more than 173,000 fraudulent tax returns from inmates last year. that's more than twice the number detected in 2010. some inmates steel identity from obituaries some even use their own but fudge the numbers to try to get much bigger tax refunds they deserve. in 2012 two inmates alone tried to claim more than $1 billion. the good news is the irs says it stopped...
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self-imposed out costs from society i will cut myself am i going to tax my brother understand my one time imaging of. going to eventually attack the cops of my anger and my frustration. that upgrade into the dome. two of the most violent gangs in us history. is just all model kill or be killed with the colors matching the national flag. but this country uses violence when it reaches and then it legitimizes the violence they are made in america on the oxy. download the official location to yourself choose your language stream quality and enjoy your favorite. if you're away from your television or it just doesn't matter now with your mobile device you can watch our t.v. any time anyway.
self-imposed out costs from society i will cut myself am i going to tax my brother understand my one time imaging of. going to eventually attack the cops of my anger and my frustration. that upgrade into the dome. two of the most violent gangs in us history. is just all model kill or be killed with the colors matching the national flag. but this country uses violence when it reaches and then it legitimizes the violence they are made in america on the oxy. download the official location to...
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Jan 16, 2013
01/13
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FOXNEWSW
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>> paul, what is weirder, the tax itself or that a conservative owns a smoothy shop? >> is he stirring the drink with a barrel of a gun? first of all, how are there -- are there -- there are no liberals in utah. he made three sales so far? >> some people have been complaining. they come in and leave messages on the website. this is is a disgrace. there are liberals in utah and they are very liberal. >> i am curious how he can differentiate. the conservative one is coming with a top hat made of baby seal. the liberals have a communications degree with their mom's credit card. how do you tell the difference between the two? >> why would they admit it? they have to pay more and their dollar is going to the heritage foundation. >> it is because of this guy who is very hard for conservatives to have smoothy shops in eastern utah. >> the problem is now every conservative will have a hard time getting a cup of coffee. all coffee shops are liberal comme's. >> starbucks will retaliate. >> here is how we can identify people. if you voted for obama keep the bumper sticker on of
>> paul, what is weirder, the tax itself or that a conservative owns a smoothy shop? >> is he stirring the drink with a barrel of a gun? first of all, how are there -- are there -- there are no liberals in utah. he made three sales so far? >> some people have been complaining. they come in and leave messages on the website. this is is a disgrace. there are liberals in utah and they are very liberal. >> i am curious how he can differentiate. the conservative one is coming...